6th Sense Analytics Raises $5 Million In Series A Venture Funding
Software Analytics Pioneer to Accelerate Research and Development, Expand Sales and Marketing Efforts
MORRISVILLE, NC -- January 31, 2007 -- 6th Sense Analytics, a pioneer in improving software development metrics, today announced it has raised (U.S.) $5 million in Series A funding to accelerate research and development and expand sales and marketing efforts. The latest round brings the total private equity raised to $6.7 million.
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Infoworld on 6th Sense Analytics
Excerpt from Demo 07 conference: 70 companies hope to please VCs by Ephraim Schwartz for Infoworld: "6th Sense Analytics will unveil a data-collection platform for measuring unstructured processes. In its first implementation the technology is targeted at monitoring and measuring software development projects, on or offshore. With Eclipse as the backbone for most Java development, 6th Sense taps into the infrastructure of all development technologies that plug into Eclipse to give managers an inside look at the status of a project." Read the full story here: http://www.infoworld.com/article/07/01/30/HNdemo_1.htmlInternetnews.com Features 6th Sense Analytics
6th Sense Automates Developers Progress Reports Andy Patrizio at InternetNews.com says "The latest version of 6th Sense Analytics, announced today at the DEMO conference, offers an improved automated method for gathering performance metrics in development projects, without requiring the developer to do a thing. Other than their job, that is." "Every development organization I've talked to thinks this is exciting," said Carey Schwaber, senior analyst with Forrester Research. "This is a longstanding problem. Managers want metrics, managers' managers want metrics, but no one wants to slow the project down to gather information. There were solutions like this in the past that made it a little easier but no one makes it quite this easy." Read Andy's full article here: http://www.internetnews.com/dev-news/article.php/36567266th Sense Analytics Launches New Solution at DEMO 07
Returns Visibility and Control to Globally Distributed Software Development
Palm Desert, CA -- January 30, 2007 -- 6th Sense Analytics, a pioneer in improving software development metrics, will unveil the latest version of its groundbreaking analytic solution at the Launchpad for Emerging Technology, DEMO 07. 6th Sense co-founders Greg Burnell and Todd Olson will lead the DEMO stage presentation on Wednesday, January 31, 2007. The 6th Sense solution allows software developers and managers to automatically collect software development data and delivers immediate insight into the execution of physically distributed software development projects. This latest release of 6th Sense introduces pre-built reports and a new dashboard-style user experience that provides users immediate access to actionable, vital information about the systems, teams, and individuals comprising their development projects�all without creating queries or custom reports.
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Washington Business Journal on 6th Sense Series A Funding
Neil Adler, Staff Reporter, writes: "Core Capital Partners is leading a $5 million Series A funding round for 6th Sense Analytics, which has developed a productivity tracking tool for software development projects. D.C.-based Core Capital, a venture fund with more than $350 million under management, has invested $3.25 million in Morrisville, N.C.-based 6th Sense, a privately held firm founded in 2004." Full Article Here: http://washington.bizjournals.com/washington/stories/2007/01/29/daily35.htmlDana Gardner on Software Development Maturity
Dana Gardner, principal analyst of Interarbor Solutions, mentions 6th Sense Analytics in his recent Zdnet Blogs article on software development maturity: "So keep an eye on such market events as Borland's Gauntlet, 6th Sense Analytics, Microsoft, Eclipse, Relativity Technologies, ActiveGrid, IBM's Rational and Tivoli brands, Splunk, and HP's and BMC's deepening embrace of ITIL v3.0 and the pursuit of IT Service Management as a precursor to advanced BTO. With such activities comes the maturity of IT productivity, development, and operational quality — not each in their own vacuum but as part of holistic best practices and the continuous drive for quality and anticipatory management." says Dana. Read Dana's full article here: http://blogs.zdnet.com/Gardner/?p=2410A New Way To Sell Software: SaaS
"Software-as-a-service is transforming the information technology industry. The innovation changes the way corporate customers and software creators invest in their businesses, though people who use the software might barely notice a difference." says Anne Krishnan, Staff Writer for the News and Observer. 6th Sense Analytics was mentioned as one of "the next generation of software companies is thinking outside the box -- literally." You can read her complete story here: http://www.newsobserver.com/104/story/533936.html6th Sense Selected to Present at Exclusive DEMO 07 Conference
6th Sense Analytics is very pleased to announce that we have been selected to unveil our newest technology at DEMO 07, Jan. 30-Feb. 1, Palm Desert, CA. Year after year, DEMO earns its reputation for being the only bi-annual event that is first to consistently identify the World's most promising technologies that will create the markets of tomorrow. Hundreds of companies from around the world vie for the chance to launch here, but only the very best make the cut. So you can understand why we're so proud to be included as one of this year's presenters.
6th Sense co-founders Greg Burnell and Todd Olson will be on stage for a product demonstration on Wednesday morning, January 31, 2007.
Please consider attending DEMO 07, where you'll be among the first to see the latest innovations in technology--including ours. It's fun, but this is a forum for serious people to conduct serious business. That's because DEMO isn't about prophecy and conjecture; it's about real products and services that you can invest in today, and technologies that you can deploy now--before anyone else.
If you would like more information about DEMO 07, call 800-643-4668, outside the US at 508-490-6581, or via email at registrar@demo.com. You can learn more about DEMO at www.demo.com. We look forward to seeing you at the show!
Observations from India
India is a land of great contrasts and extremes. Driving through Delhi reveals the two sides of India: The unbounded future of a bright, vibrant country with vision and promise, and the starkly different reality of the desperately poor. For an outsider, India is an intense experience; you’re constantly bombarded by hope and hopelessness. At once, you see the future while being reminded of the past—and the deep contrasts of the present. Read More
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